Are major banks failing to link offset accounts, leaving thousands of home loan borrowers out of pocket without even knowing it?
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Join host Annie Kane, commercial content writer Ben Squires, and senior journalist Charlie Tchetchenian as they review the news of the week.
This week, they discuss:
- Widespread failures uncovered by ASIC across major lenders’ mortgage offset accounts.
- Westpac reversing its cash rate hike forecast following cooler-than-expected CPI data.
- Pepper Money raising its maximum LVR to 98 per cent alongside AMP’s launch of a 40-year investor loan.
And much more!
News stories mentioned:
- Banks slammed over offset failures in ASIC probe
- New lender joins Help to Buy scheme
- Productivity Commission calls for overhaul of housing rules
- Westpac scraps double hike call as CPI drops
- Lending emerges as leading source of Banking Code breaches
- Pepper unveils sweeping expansion of lending parameters
- Bluestone flags major trends reshaping borrowers and credit
- 40-year investor loan with 10 years of IO launches
- Qudos Bank brand to be retired in 2027
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